How the Flood of Regulations Hurts Americans (The Economy Hits Home Series)

If you’re like most people, you are concerned about poverty—but probably not your own. By historical standards, most Americans are quite wealthy. And that’s part of what bothers us. If we were all poor, we might think that’s just the way things are, but when millions of us are doing quite well while others languish in poverty, it seems that something is just not right. While real material hardship certainly does occur in the United States, it is limited in scope and severity. The key to solving relative poverty is based on the same idea by which absolute poverty in the nation has been virtually eliminated: free enterprise.